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Re: Mattu post# 115515

Sunday, 08/24/2008 8:47:27 PM

Sunday, August 24, 2008 8:47:27 PM

Post# of 222589
Thank you Matt for starting the discussion/effort smile

I think the prevailing thought is not to charge a higher fee. Although I agree in principle, I believe it will most likely result in the unintended consequence of fewer disclosures.

I offered this suggestion a little while back:

Have every member sign a disclosure re: paid promotions. Add a requirement to update their profile upon change. Having everybody required to do it, 1.) makes it even across the board, and 2.) encourages disclosure given one would have to deny being a paid promoter.

The disclosure data would not be available to the general public. What would be available to the general public would be a spot in each user's profile called disclaimer.

I also think it passively aids the SEC and might make it more worth while for those who find out/know promoters who don't disclose to report them to the SEC instead of to iHub admin.

And all iHub would do is maintain a little more data in each profile...

Overall, I think this discussion is way worth the think effort based on future projected viability of investment message boards. I haven't gotten statistics, but I would think this venue has become the prime choice alternative to spamming.

Thank you for initiating the discussion smile




How many legs does a dog have if you call the tail a leg? Four; calling a tail a leg doesn't make it a leg.
Abraham Lincoln



How many legs does a dog have if you call the tail a leg? Four; calling a tail a leg doesn't make it a leg.
Abraham Lincoln


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